Giorgia Piacentino

Associate Professor, USC

CEPR Research Fellow

NBER Research Associate

ECGI Research Member

Associate Editor at JF, RCFS, and JFI

CV

Download PDF

Accepted Papers

1. Collateral 2026, Annual Review of Financial Economics with Jason R Donaldson

2. Bankruptcy's Trilemma 2025, Journal of Legal Analysis 18 with Ken Ayotte and Jason R Donaldson

3. Conflicting Priorities: A Theory of Covenants and Collateral 2025, Journal of Finance 80 (3) (Slides), with Jason R Donaldson and Denis Gromb

4. Money Runs 2022, Journal of Monetary Economics 126 (Slides, NBER WP, CEPR WP), with Jason R Donaldson

5. Intermediation Variety 2021, Journal of Finance 76 (6) (NBER WP, CEPR WP), with Jason R Donaldson and Anjan Thakor

6. Deadlock on the Board 2020, Review of Financial Studies 33 (10) (Slides, NBER WP, CEPR WP), with Jason R Donaldson and Nadya Malenko

RFS Editor’s Choice article

ASU Sonoran Winter Finance Conference 2018 Best Paper Award

7. The Paradox of Pledgeability 2020, Journal of Financial Economics 137 (3) (Slides), with Jason R Donaldson and Denis Gromb

Response to a critique of this paper

8. Household Debt and Unemployment 2019, Journal of Finance 74 (3), with Jason R Donaldson and Anjan Thakor

9. Venture Capital and Capital Allocation 2019, Journal of Finance 74 (3)

10. Warehouse Banking 2018, Journal of Financial Economics 129 (2) (Slides), with Jason R Donaldson and Anjan Thakor

11. Contracting to Compete for Flows 2018, Journal of Economic Theory 173, with Jason R Donaldson

12. The Wall Street Walk when Blockholders Compete for Flows 2015, Journal of Finance 70 (6), with Amil Dasgupta

Working Papers

13. Systemic Risk in Financial Networks Revisited: The Role of Maturity 2022, R&R at the Journal of Finance (Slides), with Jason R Donaldson and Xiaobo Yu

14. Modular Contracts 2026 (Slides), with Jason R Donaldson and Zichen Zhao 

15. Restructuring vs. Bankruptcy 2026 (Slides), with Jason R Donaldson, Ed Morrison, and Xiaobo Yu 

16. A New Theory of Credit Lines (with Evidence) 2026 (Slides), with Jason R Donaldson, Naz Koont, and Victoria Vanasco

Holden Conference in Finance and Real Estate 2024 Best Paper Award

17. Sovereign Bond Restructuring: Commitment vs. Flexibility 2026, with Jason R Donaldson and Lukas Kremens 

18. Collateral Reallocation 2021, with Jason R Donaldson and Denis Gromb 

19. The Opportunity Cost of Collateral 2018, with Jason R Donaldson and Mina Lee 

20. Netting 2018, with Jason R Donaldson

21. Do Institutional Investors Improve Capital Allocation?

(Largely subsumed by Venture Capital and Capital Allocation)